A lot of art is "donated" by putting it in a museum. However this is basically a massive tax writeoff for someone watching and securing your art for you! And

A lot of art is "donated" by putting it in a museum. However this is basically a massive tax writeoff for someone watching and securing your art for you! And it still confers all the status on you because it will have a plaque saying "generously donated from the Richie Rich Foundation"